OTC

NASD OTC grows value to N525.59bn amid pandemic

Plans to start another market By Omobayo Azeez The NASD Over-the-Counter (OTC) Securities Exchange has disclosed that amid pandemic, the…

By Businessam Staff
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Businesses, short-term investors buoy FMDQ commercial papers market to N1trn mark

Businesses looking to tap the debt market for short-term capital and investors who need to diversify their portfolios have buoyed…

22nd OTC FX futures contract matures, settles on FMDQ

By Afolabi Adesola The 22nd over the counter (OTC) foreign exchange (FX) futures contract have matured and been settled on…

Nigeria’s FG sells N100bn sovereign sukuk at 16.7%

The Federal Government of Nigeria has begun the sale of its N100 billion debut sovereign Sukuk, the Debt Management Office…

China reportedly ban Bitcoin exchanges while allowing OTC

China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150…

Nigeria banks’ quote using investors’ window seen moving towards single naira rate

A move on Wednesday that saw Nigerian banks using the naira exchange rate at the Investors’ and Exporters’ foreign exchange…

Nigeria’s fixed income, currency markets grow 34.6% year-on-year in June as treasury bills remain dominant

Transaction turnover in Nigeria’s fixed income and currency markets expanded 32.98 percent in the month of June 2017 to ₦12.62…

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